Consumers
can now pay for their favorite Xiaomi products using ZestMoney across 70 Mi
Homes

ZestMoney, India's largest and fastest
growing consumer lending technology company, today announced its partnership
with Mi Home to offer one-of-its-kind cardless EMI payment option to the Xiaomi
community. This unique form of credit facility by ZestMoney will now enable all
the shoppers at Mi Home Stores to fulfill their wish lists instantly, without
having to make the payment in full or at once. Essentially, the consumers can
now spread the cost of their purchase over the next few months through an easy
and transparent online EMI payment system.

ZestMoney's
fully integrated payment platform will now facilitate consumers across 70 Mi
Homes in India to choose from a wide range of Xiaomi products and make payments
over a flexible tenure of 3,6,9 or 12 months. Furthermore, all Mi Home shoppers
will exclusively avail a special 0% EMI offer, which will not be available in
any other Xiaomi sales channels.

ZestMoney
is also an exclusive financing partner at Mi.com with its superior technology
enabling distribution of digital EMIs. "This is a major step towards
ZestMoney's commitment to financial inclusion. We've partnered with Xiaomi in
multiple aspects of business and this partnership is another way to solve the
affordability problem in India,"
said Lizzie Chapman, Co-founder and CEO, ZestMoney.

As
part of the strategy to increase its retail presence, apart from Xiaomi,
ZestMoney has also tied-up with offline partners such as Sangeetha Mobiles,
Storeking, Comfold among others and plans to grow its offline business by 10x
in the next 6 months.